Value at Looking Back

Julia Puaschunder ()

Chapter Chapter 3 in Advances in Behavioral Economics and Finance Leadership, 2022, pp 79-95 from Springer

Abstract: Abstract Globalization led to an intricate set of interactive relationships between individuals, organizations, and states. Unprecedented global interaction possibilities have made communication more complex than ever before in history as the whole has different properties than the sum of its increasing diversified parts. With growing globalization and quickening of transfer speed, information may impose unknown systemic economic risks on a global scale. Collective interaction effects lead to hard-to-foreseeable fallacy of composition downfalls. Emergent risks imbued in interaction appear to be inherent in global economic systems. Contemporary market sentiments and investments have become highly dependent on information flows. The role of social online media information and communication for market reactions but also social influences in financial market management are the most novel developments in markets. In light of growing tendencies of digitalization and online communication, the demand for an in-depth understanding of how information echoes in socio-economic correlates has gained unprecedented momentum. In seeking to shed light on implicit system failures’ socio-economic consequences down the road and potentially disastrous outcomes of cumulative actions triggering mass movements, the chapter outlines unexpected dangers and insufficiently described shadows of past market expectation corrections on future economic market performance.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-15710-3_3

Ordering information: This item can be ordered from
http://www.springer.com/9783031157103

DOI: 10.1007/978-3-031-15710-3_3

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().